Deals
Ingram Micro Ready to Move on Plan for $1 Billion-Plus IPO
- Platinum Equity-backed firm could seek $10 billion valuation
- PE firm acquired Ingram in 2021 from China’s HNA Group
Photographer: Bloomberg Creative Photos/Bloomberg Creative Collection
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Platinum Equity-backed technology company Ingram Micro Inc. is preparing to move ahead with plans for an initial public offering that could raise more than $1 billion, according to people familiar with the matter.
Ingram Micro is considering seeking to be valued at as much as $10 billion in an IPO, said the people, who asked not to be identified because the information was private. Ingram Micro, which said in 2022 that it had filed confidentially with the US Securities and Exchange Commission, could take the next step of making its filing public as soon as June, the people said.